Natural gas: The fracking fallacy

ByIE Read Feed |December 5, 2014

Widely used estimates of future U.S. natural gas production, including those from the U.S. Energy Information Administration and prominent companies like Goldman Sachs, may have overstated how much natural gas developers can extract in coming decades. Researchers from the University of Texas at Austin did an independent analysis of the major U.S. shale plays and predicted that oil production will peak soon then drop off, instead of continuing to grow well into the 2020s as EIA predicts.